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Cramer still drinking the Koolaid.....wait a couple of more years when it's all said and done and we'll see how good Bernanke did. Calling it now is a joke! What an ****
Watch how crude rises lock and step wirth the stock market. More stimulus coming, great, even higher oil prices. The "medicine" is becoming the poison........growth is being choked off at these levels. But the fed (Bernanke) thinks QE3 will help support the economy, at this point it will be just the exact opposite,...more
My favorite quote by Warren Buffet is "Be fearful when others are greedy and be greedy when others are fearful".
It seems like everyone is saying stocks are the place to be....only place to get a good yield, etc.....
When the fed wants you to be in stocks, LOOK OUT! We've seen the dow go from 6600 to 13000 in 3 ...more
"never in recorded human history has money been as cheap as it is now. You can see this in the chart below of central bank rates, starting with St. Genoa Bank in 1522 through 1625, the Bank of England through 1913, and the Federal Reserve policy rate now. Here at home, 10-year yields have already dropped below the old ...more
And I quote......"Stocks were lower in the aftermath, with health insurance stocks among the big losers, but have rebounded strongly in the last hour of trading after German Chancellor Angela Merkel cancelled a press briefing at the European Union summit in Brussels. The speculation is serious talks are going on about ...more
Randal,
If you sit there passive you will never make money in the stock market, period, end of story. Yes, it does go up frequently for long periods of time which can make you money, but it can come down just as fast. And every time it does you remind us how much you lost or how much higher the market has to g...more
Direct quote from MSN below.
The retail price of unleaded gasoline averaged $3.75 a gallon today, according to AAA down from Tuesday's $3.763. The price is down 18.6 cents, or 4.7%, since peaking at $3.936 on April 6. If you pumped 10 gallons at $4 a gallon a month or so ago and can get it for $3.75, you've sa...more
Investors need to understand that the ISM manufacturing report is a not real measure of manufacturing based on hard data but simply a survey of purchasing managers opinions.
“This is a highly overrated index. It is merely a survey of purchasing managers. It is a diffusion index, which means that it reflects the numb...more
The number of first-time requests for jobless benefits fell by 2,000 to 386,00
Only in the media, they never cease to amaze me. Last week they jumped to 380,000 but it was said the holdiay screwed up th numbers. This week are DOWN by 2,000? as reported by msn..OH wait... last week was revised higher to 388,000...s...more
4/19/2012
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